FIDEXCO
ActiveSummary
FIDEXCO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €69k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+3
Solvency87▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.92 against 11.23 in 2024; short-term debt: 25.5% and cash: 32.4% of total assets), and 38.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.9%
Return on assets
16.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
2 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€259k▲ 36.4%
2024 · €190k
2018: €112k
2019: €128k
2020: €136k
2021: €141k
2022: €145k
2023: €153k
2024: €190k
2018 → 2025
Total assets
€419k▲ 53.6%
2024 · €273k
2018: €437k
2019: €386k
2020: €387k
2021: €395k
2022: €365k
2023: €298k
2024: €273k
2018 → 2025
Net result
€69k▲ 88.7%
2024 · €37k
2018: €12k
2019: €16k
2020: €8k
2021: €5k
2022: €4k
2023: €8k
2024: €37k
2018 → 2025
Working capital
€312k▲ 26.5%
2024 · €247k
2018: €281k
2019: €273k
2020: €267k
2021: €264k
2022: €244k
2023: €237k
2024: €247k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€145k▲ 3.2%€153k▲ 5.7%€190k▲ 23.9%€259k▲ 36.4%
Operating result€10k-€10k▼ 2.3%€14k▲ 34.4%€52k▲ 278%€95k▲ 84.1%
Net result€5k-€4k▼ 2.8%€8k▲ 84.3%€37k▲ 345%€69k▲ 88.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €419k
Equity
€259k ▲ 36.4%
Debt
€160k ▲ 92.9%
Debt's share of the balance-sheet total rises from 30.4% to 38.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €54k
Cash flow
€71k▲
2024 · €39k
Current ratio
3.92▼
2024 · 11.23
Debt to equity
0.62▲
2024 · 0.44
ROE
26.7%▲
2024 · 19.3%
ROA
16.5%▲
2024 · 13.4%
Interest coverage
37.84▲
2024 · 22.68
Debt ≤ 1 year
€107k▲
2024 · €24k
Debt > 1 year
€50k▼
2024 · €57k
Income taxes
€24k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€273k€419k▲
Fixed assets21/28€2k€0▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Current assets29/58€271k€419k▲
Amounts receivable within one year40/41€151k€283k▲
Trade receivables40€146k€280k▲
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€119k€136k▲
Deferred charges and accrued income490/1€375€0▼
Equity and liabilities
Total equity and liabilities10/49€273k€419k▲
Equity10/15€190k€259k▲
Contributions10/11€19k€19k=
Reserves13€171k€240k▲
Distributable reserves133€171k€240k▲
Amounts payable17/49€83k€160k▲
Amounts payable after more than one year17€57k€50k▼
Financial debts170/4€57k€50k▼
Amounts payable within one year42/48€24k€107k▲
Current portion of amounts payable after more than one year42€10k€7k▼
Trade debts44€5k€46k▲
Suppliers440/4€5k€46k▲
Taxes, remuneration and social security45€9k€54k▲
Taxes450/3€9k€54k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-2k▼
Other operating charges640/8€663€4k▲
Gross operating margin9900€55k€99k▲
Operating profit (loss)9901€52k€95k▲
Financial income75/76B€558€284▼
Recurring financial income75€558€284▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€50k€93k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€37k€69k▲
Profit (loss) for the period to be appropriated9905€37k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€69k▲
Transfer to equity691/2€37k€69k▲
To other reserves6921€37k€69k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €69k ▲88.7%
Operating result €95k, net result €69k, both a record.
31-12
Financial
Equity above €200kEq €259k ▲36.4%
8 profitable years in a row build equity to €259k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 11.23
Current ratio from 5.19 to 11.23; short-term debt falls from €57k to €24k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €153k ▲5.7%
6 profitable years in a row build equity to €153k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4k ▼2.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1980
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Menenstraat 4768560 WevelgemGround area
2,109 m²
Building footprint
786 m²
Volume, LiDAR
3,049 m³
Parcel 34041A0423/00K000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FIDEXCO
since 19802.018.035.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041A0423/00K000 | Flanders | 2,109 m² | 1 · 786 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 666 EUR awarded · 626 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 255 EUR | 215 EUR |
| 2024 | 1 | 147 EUR | 147 EUR |
| 2023 | 1 | 132 EUR | 132 EUR |
| 2022 | 1 | 132 EUR | 132 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-1980
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.